Bank Mandiri Trains 17,500 Employees with IntraLearn

Northboro, MA, May 19, 2004 -- IntraLearn Software Corporation, the leading supplier of configurable e-Learning software applications to the mid-market, announced today that P.T. Bank Mandiri, Indonesia’s largest bank in terms of assets, loans and deposits, has awarded a multi-million dollar, three-year contract to IntraLearn Asia and its partner, The Boston Group. The team will architect an enterprise learning and training solution around the IntraLearn XE that will impact 17,500 employees across 700 branches in Indonesia.
The Boston Group will also develop at least 250 hours of multi-media e-Learning content to be delivered through IntraLearn. “The Boston Group is delighted to be a part of this very bold and pioneering initiative undertaken by Bank Mandiri,” said Kashif Rana, vice president of The Boston Group. “The blended learning approach being adopted will positively impact employee skills and competencies.”

To deliver this large e-Learning project for Bank Mandiri, IntraLearn Asia has partnered with P.T. Mitra Integrasi Komputindo (MIK), which is a leading IT integration and consulting services firm based in Jakarta.

Bank Mandiri is a product of the merger of four state-owned banks that took place in October 1998, in the aftermath of the financial crisis of 1997-1998. After a $23 million dollar investment in new technology, Bank Mandiri has combined nine different technology platforms into one, creating a unified interface for customers and increasing back-office efficiency. The e-Learning and training infrastructure is the next step in its three-year, $200 million dollar program to upgrade its technology platforms.

The bank intends to have two co-located installations hosted for them with fail-over and load balancing. “The IntraLearn XE’s scalability and multi-language capabilities combined with The Boston Group’s local hosting and system integration capabilities made it a perfect fit for Bank Mandiri’s goals,” said Peter Banhazl, IntraLearn Software Corporation’s executive vice president.

About The Boston Group

The Boston Group (TBG) is a global provider of IT solutions and services. Since 1988, TBG has delivered cost-effective solutions to a broad range of Fortune 1000 and mid-market companies and higher-ed institutions through its development centers in the US, India, Singapore, Malaysia and China. IntraLearn Asia is a joint venture between IntraLearn and The Boston Group.

About IntraLearn
IntraLearn Software Corporation of Northboro, MA is the leading provider of shrink-wrapped e-Learning applications for mid-market enterprises, academic institutions and associations. Along with operations in the UK, Brazil, Singapore and India, IntraLearn software is distributed worldwide through authorized IntraLearn resellers and LSPs to more than 1,000 major organizations in 40 countries in 17 languages. IntraLearn is a Microsoft Gold Certified Partner.